News


ECB’s Vasle: 50BP Hikes at Next Two Meetings Appropriate

By Xavier D’Arcy – FRANKFURT (Econostream) – European Central Bank Governing Council member Boštjan Vasle said on Wednesday that he is in favour of hiking the ECB’s key interest rates by 50bp at each of the next two monetary policy meetings.

25 January 2023

ECB’s Villeroy: Interest Rates Should Peak by Summer

By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Tuesday said that euro area interest rates would probably hit their terminal level by the summer.

24 January 2023

ECB’s Villeroy: Will Hike as Needed to Restore Price Stability; Won’t Lead to Recession

- Villeroy: Will continue to raise rates, perhaps at slightly slower pace than in recent months
- Villeroy: ‘Economic activity in Europe is rather resilient and better than expected’
- Villeroy: Expect inflation to be back down to 2% by the end of 2024 or 2025
- Villeroy: Hope inflation now at peak, but in any case will be there in 1H and then decline steadily

23 January 2023